RBI Governor's statement on handling stressed assets of banks
Subject: RBI Governor's statement on resolution of stressed assets
The brief statement issued by Governor today endorses FM's view that yesterday's Apex Court verdict affecting February 12, 2018 circular was on procedural issues which will be got over by RBI. This morning I had also shared my view that if GOI support is there, RBI would get over the hurdle arising from the verdict within hours.
M G Warrier